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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (66703)	4/4/2002 9:27:25 AM
From: John F. Dowd	Read Replies (1) \| Respond to of 74651

Here is a buy recommendation. This is weird because the target is only $62 Microsoft (MSFT: news, chart, profile) rose in pre-market action after analyst Mary O'Rourke Werner at A.G. Edwards raised her rating on the software giant to "buy" from "hold," and established a price target of $62. Despite the weakness in XBox sales and the unclear outlook for the remainder of 2002, she feels the stock has pulled back to attractive levels. She feels "it is an appropriate time to step up to the shares." Separately, the company said late Wednesday that Rick Belluzzo, its president and chief operating officer, left to head his own company after Microsoft announced a reorganization that took away some of his responsibilities. JFD